Allocator Types
Venture Capital Fund
A venture capital fund invests in early- and growth-stage companies with asymmetric return profiles, where loss tolerance and portfolio construction shape LP appetite.
VC
Definition A venture capital fund invests in early- and growth-stage companies with asymmetric return profiles, accepting high failure rates in pursuit of outsized outcomes. Allocator Context LP appetite for venture capital depends on loss tolerance, portfolio role, and vintage exposure. Specialist positioning improves conviction. Key Takeaways Risk is evaluated at the portfolio level Loss tolerance shapes demand